With reference to the India economy, consider the following statements: 1. The rate of growth of real Gross Domestic Product has steadily increased in the last decade. 2. The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade Which of the statements given above is/are correct?

QUESTION

Hard

Economy

Prelims 2015

With reference to the India economy, consider the following statements:

The rate of growth of real Gross Domestic Product has steadily increased in the last decade.
The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade

Which of the statements given above is/are correct?

Select an option to attempt

Explanation

The rate of growth of real Gross Domestic Product has fluctuated over the decade. However, The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade